Nornickel hosted a meeting of the Industrial and Investment Council of the Trans-Baikal Territory at the Company’s office in the Moscow International Business Centre. It was attended by representatives of federal government authorities, large businesses and the Trans-Baikal Territory government ministers. The participants reviewed the progress in implementing the region’s socio-economic development strategy.
Nornickel is a key investor in the Trans-Baikal Territory. In late 2017, the Company launched its Bystrinsky GOK in the region. As part of the public-private partnership with the Trans-Baikal Territory, Nornickel built the Naryn 1 — Gazimursky Zavod railway and invested heavily in energy infrastructure development. The Company’s overall investments in the region totalled approximately RUB 90 bn.
“Bystrinsky GOK is the first public-private partnership project that has been implemented in the region,” said Sergey Novichenko, Deputy Prime Minister — Minister of Economic Development of the Trans-Baikal Territory.
For about a year, Bystrinsky GOK operated in the pre-commissioning mode. In
In 2018, Bystrinsky GOK’s payments to the region’s budget will total some RUB 1.5 bn. Its overall contributions to the budget, including non-tax payments, will make up about 4% of the region’s total revenue.
“I am confident that our cooperation will contribute significantly to the economic growth and development of the Trans-Baikal Territory,” said Vladislav Gasumyanov, State Secretary — Vice President of Government Relations at Nornickel.
The Industrial and Investment Council of the Trans-Baikal Territory was established in 2016. The Council works to improve business environment and facilitate investment in the region’s economy.